Iran's lawmakers have overwhelmingly approved a motion in response to recent USA sanctions, voting to boost spending on Tehran's missile program and the Islamic Revolution Guards Corps (IRGC).
President Donald Trump signed legislation to impose fresh sanctions on Iran over its ballistic missile programme in July. US President Trump has warned North Korea, an ally of Iran, against firing the missiles and says he will protect Guam, home to 163,000 US citizens if that happens.
Iranian MPs shouted "death to America" after Speaker Ali Larijani announced the result of the vote.
The bill secured 240 yes votes and one abstention, Iran's IRNA reported.
Araghchi, also in defense, said the countermeasure bill is "much stronger" than US Congress bill against Iran, since it also extends support to the Islamic Republic's armed forces and all related ministries.
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As well, the bill allocates a budget of about $5 billion to what is termed as "reinforcing the country's defensive power, improving deterrent its power, countering terrorism, increasing Iran's diplomatic leverage and intelligence capabilities, safeguarding the regional stability, supporting the IRGC, development of nuclear propellers and boosting Iran's defensive capabilities against possible nuclear attacks".
The Iranian Parliament on Sunday overwhelmingly approved the general outlines of a motion to counter the US' "terrorist and adventurous" acts in the region, the media reported.
The legislation is a reaction to a bill ratified recently in the US Senate allowing Washington to impose non-nuclear sanctions against Iran's missile program and its Revolutionary Guard (IRGC) force.
Iran's chief nuclear negotiator, Abbas Araqchi, said the new bill was not in violation of the 2015 agreement limiting the country's nuclear programme.
A number of recent close encounters between United States ships and Iranian vessels in the Gulf have added to the tensions between the two countries.